Key points:
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Bitcoin has given up its overhead resistance but is expected to find support at the moving averages.
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Select major altcoins are facing a selloff near their resistance levels, but a shallow pullback suggests the recovery could continue.
Bitcoin (BTC) is under pressure as bears try to hold the price below $91,500. BTC exchange-traded funds saw outflows of $243.2 million on Tuesday after attracting $1.16 billion in inflows in the first two trading days of the new year, according to data from Farside Investors. This shows caution at higher levels.
However, a positive sign for BTC is that whales and sharks have accumulated 56,227 BTC since mid-December, according to Santimento. Analytics platform onchain added that cryptocurrency markets “typically follow the path of key stakeholders whales and sharks and move in the opposite direction of small retail wallets.”
Another optimistic voice is that of Miller Value Partners Chief Investment Officer Bill Miller IV, who said on CNBC that BTC is setting a higher base than it was in spring 2025. He expects BTC to “break out higher than its all-time high since the crash.”
Can BTC and the major altcoins recover from their support levels and continue their recovery? Let’s analyze the rankings of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC fell from $94,789 on Monday, indicating that the bears are trying to keep the price within the range.
The pullback is expected to find support at the 20-day exponential moving average ($90,022). If Bitcoin price bounces strongly from the 20-day EMA, it raises the possibility of a break above the $94,589 resistance. The BTC/USDT pair could then rise to the psychological level of $100,000 and then to $107,500.
Contrary to this assumption, a break below the moving average suggests that Bitcoin price may extend its stay within the range for some time. Sellers will regain control if the pair breaks below $84,000.
Ether price prediction
Ether (ETH) broke above the symmetrical triangle pattern resistance line on Tuesday, but the bulls failed to hold the higher levels.
Ether price has re-entered the triangle, with the next support at the moving averages. If the price breaks away from the moving averages, the ETH/USDT pair could rise to $3,659 and then to $4,000.
The advantage will turn in favor of the bears if the price continues to decline and falls below the support line. This suggests that the break above the resistance line may have been a bull trap. The pair could fall to $2,623 and then to $2,111.
XRP price prediction
On Tuesday, XRP (XRP) reached the downtrend line of the descending channel pattern, which is expected to act as firm resistance.
The moving averages are on the verge of a bullish crossover and the RSI is in the positive zone, signaling upside for buyers. A short-term trend reversal will be signaled if the bulls achieve a close above the downtrend line. The XRP/USDT pair could then climb towards $2.70.
Moving averages are expected to act as solid support on the way down. Sellers will need to pull the price of XRP below the moving averages to keep the pair inside the descending channel for a few more days.
BNB price prediction
Sellers are trying to stop BNB’s (BNB) rally at $928, but the bulls likely have other plans.
The 20-day EMA ($877) has started to gradually rise, and the RSI is in positive territory, indicating that the bulls have the upper hand. A close above the $928 level will complete the bullish ascending triangle pattern, which targets $1,066.
Alternatively, if the BNB price continues to decline and breaks below the moving averages, this suggests that the BNB/USDT pair could range between $790 and $928 for some time. Bears will once again be in power below the $790 level.
Solana price forecast
Solana’s recovery (SOL) is facing a sell-off near $147, but the positive sign is that the bulls haven’t given up much to the bears.
If the price turns upward from the moving averages, it signals a change in sentiment from selling on the upside to buying on the downside. This increases the possibility of a break above the $147 resistance. The SOL/USDT pair could then jump to $172.
Conversely, if the price breaks below the moving average, it suggests that the bulls have given up. The price of Solana could then drop to $116. A solid bounce from the $116 level could signal a possible range formation in the near term.
Dogecoin price prediction
Dogecoin (DOGE) is facing a selloff near $0.16, but the pullback is expected to find support at the moving averages.
If the price bounces off the moving averages, it shows that the bulls are viewing dips as a buying opportunity. This improves the upside prospects above the $0.16 resistance. The DOGE/USDT pair could then rise to $0.19.
This positive view will be nullified in the short term if the price of Dogecoin continues to fall and falls below the moving average. This suggests that bears remain sellers in rallies. The pair may then fall to $0.13 and later to $0.11.
Cardano price prediction
Cardano (ADA) climbed above the 50-day SMA ($0.40) on Monday, but the bulls could not continue after the breakout.
On the way down, the bulls are expected to fiercely defend the zone between the 20-day EMA ($0.38) and the $0.37 level. If the Cardano price bounces off the support zone, the ADA/USDT pair could recover towards the $0.50 breakout level.
Conversely, a break below the $0.37 level signals that bears remain active at higher levels. This increases the risk of a break below the $0.33 level. The pair could then fall to its October 10 low of $0.27.
Related: Here’s what happened in cryptocurrency today
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) has pulled back to the breakout level of $631, which is likely to act as strong support.
If the price of Bitcoin Cash rises from the level of $631 or the 20-day EMA ($609), it means that the bulls remain in charge. The BCH/USDT pair could rise to $651 and eventually to firm overhead resistance at $720.
The first sign of weakness on the downside is a break below the 20-day EMA. This suggests that buyers are taking profits and the market has rejected a break above the $631 level. The pair could then fall towards $518.
Chainlink Price Prediction
Chainlink (LINK) ranged between $11.61 and $14.98, indicating buying near support and selling near resistance.
If the price picks up against the moving averages, the LINK/USDT pair could bounce above the $14.98 resistance. If this happens, the price of Chainlink could rise to $16.80 and then to $17.66.
Conversely, if the price breaks below the moving average, it suggests that the pair may remain within the range for some time to come. The next downtrend leg could start at a close below $10.94.
Hyperfluid price prediction
Hyperliquid’s (HYPE) rally has reached the 50-day SMA ($29), where bears are mounting a strong defense.
The 20-day EMA ($26.34) is a key support to watch on the downside. If Hyperliquid’s price bounces off the 20-day EMA, the possibility of a break above the 50-day SMA increases. The HYPE/USDT pair could then rise to the $35.50 breakout level.
On the contrary, if the price slips below the 20-day EMA, it suggests that the bears are continuing to apply pressure. The pair could fall to $23.64 and then the $22.19 support.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making a decision. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from your reliance on this information.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making a decision. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from your reliance on this information.
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